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9/17/2019, 3:03 PM (Source: TeleTrader)
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Russia expects $200B trade turnover with China by 2024

Russian Prime Minister Dmitry Medvedev said on Tuesday that Moscow hopes to reach a mutual trade turnover of $200 billion with China over the next five year.

"We target reaching the level of $200 bln by 2024. The plan is to achieve that (goal) mainly through joint projects in the field of energy, industry, hi-tech and agriculture," Medvedev stated at the 24th expanded meeting of the heads of the governments of Russia and China and noted their bilateral trade turnover reached $108 billion last year.

Earlier this year, Russian President Vladimir Putin noted that Moscow and Beijing plan to work on expanding the use of national currencies in bilateral trade.

Breaking the News / NP